Choose a business structure | U. S. Small Business Administration A sole proprietorship is easy to form and gives you complete control of your business You're automatically considered to be a sole proprietorship if you do business activities but don't register as any other kind of business
proprietorship | Wex | US Law | LII Legal Information Institute A proprietorship is a form of business organization in which one person owns all the assets and assumes all the debts of the business It is also referred to as sole proprietorship, or individual proprietorship
Sole Proprietorship - Definition, Advantages and Disadvantages A sole proprietorship is an unincorporated business that one person owns and manages As the business and the owner are not legally separate, it is the simplest form of business structure It is also known as individual entrepreneurship, sole trader, or simply proprietorship